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I think high volume is more like 500,000,000+, given the OS number.
I meant if the pps gets to .001 (.00's)
Totally agree. Was just talking to a buddy of mine who lives in Colorado. The population there will be growing like Florida. It's really legal! You can even grow your own!
Any chance of a share buyback? That would help the pps a lot.
It will be a miracle if the pps gets to .00's
It's not. People just want to believe. That's how the Bernie Madoffs of the world get over.
Why is this private placement good news for longs? Is mgt retiring or buying back shares?
Couldn't have said it better myself. I sold about 10% of my holdings. Just on GP. I have two other holding waking up because of this marijuana thing. We'll see!
I love the idea of dead money becoming alive again. Anyone know the real reason for all of this activity?
Sounds to me like a reverse split. If your have 1 million shares now, you'll have 1,000 shares. 1 to 1000 reverse split.
Looks like that's a reverse split.
Just checking in. Anyone know why the higher volume and higher pps?
You're correct, but I blame myself for not selling @ .11 when I could have. No more celeb pinkies. Even Tiger scammed us!
I said this two years ago after I saw you on twitter. You've stayed the course on ENTI. ENTI's starting to respond to painful stimuli, coming out of it's coma. We'll see what's next.
I have to admit, something's up in pinkyland. First SE**, then LK**, even ENTI and DN** are showing signs of life. A move to .001 or better would make things interesting. There are new investors looking for big potential microcap securities like ENTI!
So are you stating that additional shares in this new company will be issued to present holders of enti and there will not be a 1000 to 1 rs?
I saw someone ask for .001's. I have some of those.
Definitely have some .001's for you guys. This I have to see.....
I hope you're correct. Why do you think a run can happen? This stock has been totally dead for over two years.
Trying to understand why the pps would go above .0002 without a reverse split.
If that happens it means that lenny's dumping some of those 3 billion shares he's holding. hard to see how the pps goes over .10, no matter what the the hype is.
Is Peyton choking again in a big game? Is the best Manning Super Bowl Quarterback Eli? The QB of my NY Giants? Just asking...
Jazz, lenny needs to do his part by taking the same haircut the shareholders did with that reverse split. Not a good idea to invest while he can issue himself 3,000,000,000 shares. 3 BILLION! Don't know if you're pushing any other stocks, but it would be great if you were involved with a CEO who looks out for his investors interests also. lenny's constantly looking to raise cash but it doesn't seem to be invested in the company.
I missed the CC. Is there a reply available?
Jazz, could lenny at least keep his word to his current shareholders ONCE before he raises more money form unsuspecting newbie investors? Don't understand why you're still part of the fundraising process when the founders and most longs have been screwed big time!
There would be such a rush to sell if there was even a .0005 bid price here.
Not with a AS of 6 billion shares!
I agree. Hopefully that won't be necessary to get a premium price.
I think there's a possibility of a class action lawsuit if the final approved pps is under $5.00
I think that the "independent" board will have to reject the current proposal first. I'm looking for closer to $5.00. If the pps gets that high based on speculation it might be a good idea for longs to sell part of their holdings.
I think this is where we are now....
That's why the pps is still dropping. The market knows that mgt is just blowing smoke. They are just keeping their own lifestyles going as long as possible.
I had Cramer on but was not listening. I just heard the tale end of what he said, "I don't normally recommend buying a stock after there's a bid, but I'm recommending that you buy SIRI". Did anyone hear what he said before that?
The next pinkie RS I see where the pps actually rises after the RS will be the first.
It's not a fair offer. Hopefully the so called "independent committee" really is independent.
Headed back to .0001
What happened to the David Ortiz "respect the power" campaign? They promised advertising and they just sent out a few emails. I could go on and on. Never seen in any of the NYC Walgreens that I was in. Lot's of dishonesty from mgt.
I agree with you. I'm a long here and am profitable. Longs have been able to make a profit here despite an unclear picture of SEEK's revenues. I'm not sure Scott's reasoning makes sense. He just stated that revenues were as high in the last qtr as the entire year, correct?
That's my point. He knows increasing the AS is a negative for shareholders. I think that increasing the OS is next. How much is anybody's guess.
We'll see. This is pinkie land. Fuse mgt hasn't kept their word about anything.